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‘Unnecessary bureaucracy’ hampering climate change efforts, and more

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‘Unnecessary bureaucracy’ hampering climate change efforts By OMFIF editors

Worldwide regulatory agencies need to harmonise disclosure standards for sustainable finance to reduce unnecessary bureaucracy and maximise capital flows into investments countering climate change. That was a principal message from Sabine Mauderer, board member of the German Bundesbank, and Elizabeth McCaul, member of the supervisory board at the European Central Bank, at an OMFIF sustainable finance conference in Frankfurt.

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